OPEC Members Will Unwind and Reverse Voluntary Production Cuts on April 1 Source: OPEC, Oil & Gas Journal, EIA. Data as of Feb. 25, 2025. On the gas side, US gas producers remain challenged in the ...

The platform ship can process up to 225,000 barrels of oil and 12 million cubic meters of natural gas per day. The unit will explore 15 wells, seven of which are oil producers, six water and gas ...

Similar to pipelines or flowlines, risers transport produced hydrocarbons, as well as production materials, such as injection fluids, control fluids and gas lift. Usually insulated to withstand ...

The landscape of oil and gas investments offers a unique intersection of energy sector participation and substantial tax benefits, particularly for small producers and accredited investors.

Energy giant Shell is due to install a multi-billion pound gas platform ... from expensive oil and gas." Energy giant Shell ...

bp PLC plans to start a Shah Deniz Compression (SDC) platform by 2029 ... Alex Procyk is Upstream Editor at Oil & Gas Journal. He has also served as a principal technical professional at ...

"Therefore, any Country that purchases Oil and/or Gas from Venezuela will be forced to pay a Tariff of 25% to the United States on any Trade they do with our Country." Trump said the tariff will ...

Brazil’s PetroRio SA has acquired a floating oil and gas platform type FPSO OSX-3 for US$140 million and 80% of the Tubarão Martelo oil field where the vessel is located, the field’s previous ...

and significant upgrades to the West Tuna platform. Kipper 1B is expected to expand capacity from the Kipper field, delivering crucial gas supplies to the market ahead of winter 2026, Exxon said.

Given the extensive nature of the required inspection, Spirit Energy has shut in production on the platform, curtailing output of natural gas across the Morecambe hub by 7500 barrels of oil ...